HomeMy WebLinkAbout20110842.tiff RESOLUTION
RE: ACTION OF THE BOARD CONCERNING EXTENSION OF OIL AND GAS LEASE
COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO -SE1/4
NE1/4, S5, T8N, R59W
WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to
Colorado statute and the Weld County Home Rule Charter, is vested with the authority of
administering the affairs of Weld County, Colorado, and
WHEREAS, Weld County is the owner of vast mineral lands located in Weld County,
Colorado, and
WHEREAS, Noble Energy, 1625 Broadway, Suite 2200, Denver, Colorado 80202,submitted
a request to extend the lease of 40.0 net mineral acres, more or less, described to-wit:
SE1/4 NE1/4, Section 5,Township 8 North, Range 59
West of the 6th P.M., Weld County, Colorado, and
WHEREAS, Weld County reviewed the request submitted by Noble Energy, to extend the
lease on the above-described mineral acreage for$37.00 per net mineral acre, for a total sum of
$1,480.00,together with a rental fee of one dollar($1.00) per net mineral acre,which is to run for a
period of six (6) months, commencing at twelve o'clock noon on October 27, 2011, and ending at
twelve o'clock noon on April 27,2012, and the Board determined it would like to continue the matter
to April 25, 2011, at 9:00 a.m., in order to allow adequate time for the Board to conduct a work
session on the matter..
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the request submitted by Noble Energy, to extend the lease on the
above-described mineral acreage for $37.00 per net mineral acre, for a total sum of $1,480.00,
together with a rental fee of one dollar($1.00) per net mineral acres,which is to run for a period of
six (6) months, commencing at twelve o'clock noon on October 27, 2011, and ending at twelve
o'clock noon on April 27, 2012, be, and hereby is, continued to April 25, 2011, at 9:00 a.m., in order
to allow adequate time for the Board to conduct a work session on the matter.
Nob\z 2011-0842
• C�, LE0081
RE: EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY
WELD COUNTY, COLORADO - SE1/4 NE1/4, S5, T8N, R59W
PAGE 2
The above and foregoing Resolution was, on motion duly made and seconded, adopted by
the following vote on the 30th day of March, A.D., 2011.
BOARD OF COUNTY COMMISSIONERS
WEhD COUNTY, COLORADO
ATTEST
a �� Barbara , Chair /
Weld County Cler ta( ; ,tF
�T C�
RP 4 , Sean P. way, Pro-Tem C
BY .► . i._If11.� '\
Deputy Clerk to the
Willia F. Garcia
APP D AS, F RM: EXCUSED
David E. Long
my orney a"2Ov
Douglas ademach
ni
Date of signature:
2011-0842
LE0081
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